Citizens Bancshares Corp. (OTCMKTS:CZBS) Sees Significant Decrease in Short Interest

Citizens Bancshares Corp. (OTCMKTS:CZBS) was the recipient of a significant decline in short interest in October. As of October 15th, there was short interest totaling 300 shares, a decline of 40.0% from the September 30th total of 500 shares. Based on an average daily volume of 2,500 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 2,500 shares, the short-interest ratio is presently 0.1 days.

Citizens Bancshares Price Performance

Shares of OTCMKTS:CZBS opened at $41.50 on Monday. The stock’s 50 day moving average price is $45.64 and its 200 day moving average price is $46.42. Citizens Bancshares has a 12 month low of $41.50 and a 12 month high of $63.00.

About Citizens Bancshares

Citizens Bancshares Corporation operates as the holding company for Citizens Trust Bank that provides various commercial banking services to individual and corporate customers. The company offers checking and savings accounts; and demand and money market deposits. Its loan products include commercial, financial, and agricultural loans; loans secured by personal property, such as automobiles, marketable securities, and other titled recreational vehicles and motorcycles, as well as unsecured consumer debt; commercial real estate loans; single-family residential loans; and construction and development loans.